See all 50 states on one map and compare side-by-side. Start 7-day free trial — no card required
Utah
Corporate Income Tax Rate at a Glance
Utah's top corporate income tax rate is 4.55%, applied as a flat rate. This places Utah in the "Low (under 5%)" tier among U.S. states.
Rate Structure (Flat vs. Graduated)
4.55% flat Corporate Franchise/Income Tax rate effective 2024 (reduced from 4.65%). Minimum tax: $100.
Franchise Tax / Annual Privilege Tax
Utah's corporate income tax is technically titled the 'Corporate Franchise and Income Tax.' All corporations doing business in Utah pay a $100 minimum tax even if at a loss.
S-Corp & Pass-Through Treatment
Utah recognizes federal S-corp election. Pass-through entities may elect entity-level taxation under Utah's PTE election (HB 444, 2022) at 4.55% (matching the individual flat tax rate).
Official State Revenue Department
For current corporate tax rules in Utah, consult the state's official source at https://tax.utah.gov/. Rates and rules change annually — verify with a qualified tax professional before taking any action.
Related guides
More from Missouri · Corporate Tax
See all corporate taxpairs →Moving to Utah from elsewhere · Corporate Tax
Corporate income tax rates change frequently as states enact reform packages and phase-down schedules. Always verify current rates with the state's department of revenue and your tax advisor before making business decisions. This information is for educational purposes only and is not tax or legal advice.